$1,200,000

30628 Warrego Highway, Miles, QLD, 4415, Australia

3
1
6969600 sqm

Property Location

Map of the surrounding area
To enquire, please email or call 1300 815 051 and enter code 1562

Phone enquiry code for this property: 1562

This property carries an excellent investment opportunity. It affords itself to either the astute investor, or an owner-occupier that desires good capital gain in the not so distant future. The property represents an excellent investment opportunity.

The property is 64 hectares (160 acres), of relatively flat, flood free land (out of the 1 in 100 year flood markers),

There are two residences and water bore. The residences are 2 solid houses (One three bedroom residence, the other a four bedroom residence), both contain reverse cycle air conditioning and are separately fenced.

The property carries urban zoning, allowing for future subdivision, with nearly all the preliminary work (plans etc) completed.

Live in one house, or rent both, or construct another dwelling and live out the back, power and water readily available.

Interest in the Surat Basin is steadily rising. Many Surat Basin projects have approvals in place. The Glencore mine is approved and other mines are seeking approvals, the Nathan dam is approved, the missing rail link (Wandoan to Glencore) has been approved, all of Miles townships infrastructure (sewerage, airport etc) has been upgraded to cope with the subsequent population increases.

Miles is situated in the middle of all the major Surat Basins projects, with solar, gas, wind, carbon capture and of course coal, and due to new FIFO regulations, nearly all employees will be required to reside locally .

As interest and projects begin to take hold in the area, post covid19, property prices will increase.

Phone enquiry code for this property: 1562

To enquire, please email or call 1300 815 051 and enter code 1562

Property Features

  • Split System Air Con
  • Reverse Cycle Air Con

Check Loan Eligibility

A$1,592/mo
Soho home loans LogoCompare quotes from 20+ supported lenders includingLoan Partners
Download the mobile app to get instant updates
Apple AppStore
Google PlayStore